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		<title>World Cup footballers Messi and Ronaldo join roar for ban on ‘deafening’ vuvuzela</title>
		<link>http://myexpressnews.info/finance/world-cup-footballers-messi-and-ronaldo-join-roar-for-ban-on-%e2%80%98deafening%e2%80%99-vuvuzela-12.html</link>
		<comments>http://myexpressnews.info/finance/world-cup-footballers-messi-and-ronaldo-join-roar-for-ban-on-%e2%80%98deafening%e2%80%99-vuvuzela-12.html#comments</comments>
		<pubDate>Thu, 21 Oct 2010 08:02:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Argentina]]></category>
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		<category><![CDATA[South Africa]]></category>
		<category><![CDATA[south african football]]></category>
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		<category><![CDATA[vuvuzela]]></category>
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		<guid isPermaLink="false">http://myexpressnews.info/finance/world-cup-footballers-messi-and-ronaldo-join-roar-for-ban-on-%e2%80%98deafening%e2%80%99-vuvuzela-12.html</guid>
		<description><![CDATA[Cristiano Ronaldo and Lionel Messi joined calls through broadcasters and fans to ban the vuvuzela at the World Cup similar to British supermarkets reported selling one of the plastic horns every pair seconds. English football authorities appeared powerless to stop their spread to the domestic game, though the leading maker offered some hope of a [...]]]></description>
			<content:encoded><![CDATA[<p>Cristiano Ronaldo and Lionel Messi joined calls through  broadcasters and fans to ban the vuvuzela at the World Cup similar to British supermarkets reported selling one of the plastic horns every pair seconds.</p>
<p>English football authorities appeared powerless to stop their spread to the domestic game, though the leading maker offered some hope of a delay by unveiling a lower decibel model.</p>
<p>Controversy over the vuvuzela dominated South Africa advice even as the World Cup was hit by its first wrong &mdash; riot police clashed with 500 security staff in a pay argue at Durban&rsquo;s Moses Mabhida stadium after Germany&rsquo;s 4-0 gain the victory over Australia on Sunday night. Officers fired rubber bullets and astonish grenades.</p>
<p>At Cape Town&rsquo;s Green Point stadium, where England be inclined meet Algeria on Friday, guards went on strike shortly before Italy played Paraguay. Princes William and Harry are due to watch England play at the 66,000-capacity stadium and police announced that they had taken athwart control of security at both stadiums.</p>
<p>However, the vuvuzela continued to sway off-field coverage of the competition. Ronaldo, the Portuguese former Manchester United play-actor, said the noise made it &ldquo;difficult for anyone on the throw to concentrate&rdquo;. Messi, the Argentina striker and World Player of the Year, declared after the game against Nigeria: &ldquo;It is impossible to impart, it&rsquo;s like being deaf.&rdquo;</p>
<p>Robin van Persie, the Arsenal and Holland striker, uttered he could not hear the referee&rsquo;s whistle after receiving a monitory in the match with Denmark.</p>
<p>The sound emitted by a vuvuzela is the equal to 127 decibels &mdash; louder than a drum&rsquo;s 122 decibels or a arbitrator&rsquo;s whistle at 121.8 decibels.</p>
<p>But Sepp Blatter, president of Fifa, football&rsquo;s creation governing body, defended the symbol of South African football, which for the most part certainly means the instruments will not be banned.</p>
<p>&ldquo;I dress in&rsquo;t see banning the music traditions of fans in their avow country,&rdquo; Mr Blatter wrote on Twitter as fans bombarded his place with pleas for a ban. &ldquo;Would you want to call on a ban on the fan traditions in your country?&rdquo;</p>
<p>The comments were intended to bring toward a line under speculation that the horns could be shown the red card, later than Danny Jordaan, the head of the South African organising committee, said a ban was an option &ldquo;if there are grounds to execute so&rdquo;.</p>
<p>The Premier League also appeared powerless to stop the bony excrescence&rsquo;s appearance at stadiums in England. A spokesman said: &ldquo;It refuse to be seen whether traditional fans would allow somebody to stand next to them blowing one of these things and making that noise.&rdquo;</p>
<p>The company that has been making vuvuzelas for a decade announced yesterday it has produced a quieter lection. Neil van Schalkwyk, of Masincedane Sport, based in Cape Town, afore~ it would be 20 decibels quieter. The company said it had sold 1.5 a thousand thousand in Europe since October and expected the tournament to generate sales of up to 20 the great body of the people rand (&pound;1.77 million).</p>
<p>Sainsbury&rsquo;s said it sold 22,000 &#038;shut up;2 red vuvuzelas in 12 hours before England&rsquo;s gap game against the USA on Saturday and has ordered an unusual 25,000 &mdash; but says its total stock of 75,000 could betray out before Friday.</p>
<p>Some horn players complain of &ldquo;vuvuzela edge&rdquo; from the plastic mouthpiece. Bruce Copley, who has been teaching pupils to play the vuvuzela, advised using baby oil to subject friction.</p>
<p>There may yet be sanctuary for armchair fans. A website &mdash; antivuvuzelafilter.com &mdash; is before-mentioned to offer a download for 2.95euros (&pound;2.45) what one. combats the horn by playing back at the television set stir waves at the same frequency.</p>
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		<title>U.S. Infrastructure Spending: No Time to Get Cheap</title>
		<link>http://myexpressnews.info/finance/u-s-infrastructure-spending-no-time-to-get-cheap.html</link>
		<comments>http://myexpressnews.info/finance/u-s-infrastructure-spending-no-time-to-get-cheap.html#comments</comments>
		<pubDate>Thu, 21 Oct 2010 08:02:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[bank bailout]]></category>
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		<category><![CDATA[Chris Christie]]></category>
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		<category><![CDATA[fiscal stimulus]]></category>
		<category><![CDATA[Hudson River]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[investment]]></category>
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		<description><![CDATA[(Corrects require to be paid of Alaskan bridge project in 14th paragraph.) It's hard to imagine at the signification, with America's fractious and politically vicious midterm elections drawing adjacent, but the outline of Round Three in the federal government's efforts to inspirit the economy is becoming clearer. Round One came in late 2008 by the [...]]]></description>
			<content:encoded><![CDATA[<p>(Corrects require to be paid of Alaskan bridge project in 14th paragraph.)</p>
<p>It's hard to imagine at the signification, with America's fractious and politically vicious midterm elections drawing adjacent, but the outline of Round Three in the federal government's efforts to inspirit the economy is becoming clearer.</p>
<p>Round One came in late 2008 by the Bush Administration's bank bailout and the Federal Reserve's easing of monetary policy. The defining initiative of Round Two was the Obama Administration's meanly $800 billion fiscal stimulus package signed into law on Feb. 17, 2009 (forward with more Fed easing).</p>
<p>Round Three is largely based on&mdash;who else&mdash;the Fed taking steps to bring down long-term good rates even more by buying up U.S. Treasury securities, the to such a degree-called quantitative easing. The fiscal lever this time around? A boost in infrastructure spending.</p>
<p>The latter initiative is vulnerable, of course. The Obama Administration up~ the body Oct. 11 proposed a $50 billion up-front investment in highways, roads, and the weather transport system. That's on top of the $68 billion infrastructure expenditure that was part of the 2009 fiscal stimulus bill, money earmarked notwithstanding highways, rail, transit, broadband, school modernization, water treatment, and airport amelioration. The Administration has also proposed an &quot;infrastructure bank&quot; to cut down on duplicate projects and to attract private capital as co-investors in several initiatives.</p>
<p>Worries About Fiscal Policy</p>
<p>Large capital projects on infrastructure traditionally appeal across party lines since so many constituents benefit from the investment. But that traditional political calculation may not hold in an era when the Tea Party movement is repelled by the federal conduct's red ink and even a silent majority of more mainstream national participants seems to share a common worry about the soundness of fiscal policy.The backlash against government spending carries over to the express  level.For instance, New Jersey Governor Chris Christie cited the pay in money-strapped state's finances when, on Oct.7, he cancelled its participation in an $8.7 billion-plus train tunnel project under the Hudson River.</p>
<p>But the fold to the heart of fiscal conservatism, while understandable, risks ignoring what should be a upper part of a plant priority for the nation's long-term economic health. For one thing, the Aug. 1, 2007, tragic collapse of the I-35 bridge in Minneapolis vividly signaled the nation's deteriorating infrastructure. The investment need is there. For another, it's the kind of control spending that not only yields public quality-of-life benefits; it in like manner raises private rates of return.</p>
<p>And with the government's require to be paid of investment capital extremely low&mdash;taken a look at Treasury yields newly?&mdash;and heading even lower, the hurdle rate for a dogmatic rate of return on government expenditures won't be hard to extension.</p>
<p>&quot;Spending now on infrastructure stimulates the economy in a passage that will help provide for long-term higher economic growth that decree increase future tax revenue and bring down the debt-to-GDP rate,&quot; says David Aschauer, economist at Bates College. He's the inventor of an influential set of research papers from the late 1980s and at the opening of day 1990s on the effect of infrastructure spending on national productivity. &quot;It's absolute supply-side economics.&quot; (One of Ashauer's better-known articles, &quot;Why Is Infrastructure Important?&quot; is to be turned to account on the Boston Fed's website.The late Edward Gramlich, economist and former Federal Reserve Board governor, wrote a critical review of the infrastructure/productivity learning of the time in &quot;Infrastructure Investment: A Review Essay,&quot; that can be found on the World Bank's site.)</p>
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		<title>Face of courage: the Scots soldier who was &#8216;heroic beyond belief&#8217;</title>
		<link>http://myexpressnews.info/finance/face-of-courage-the-scots-soldier-who-was-heroic-beyond-belief.html</link>
		<comments>http://myexpressnews.info/finance/face-of-courage-the-scots-soldier-who-was-heroic-beyond-belief.html#comments</comments>
		<pubDate>Wed, 20 Oct 2010 07:54:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Battalion]]></category>
		<category><![CDATA[behind enemy lines]]></category>
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		<category><![CDATA[blackburn lancashire]]></category>
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		<description><![CDATA[A SCOTTISH warrior who died behind enemy lines as he led his men in pursuit of the Taleban was "heroic beyond belief", a coroner said yesterday. Lance Sergeant David Walker, 36, of 1st Battalion Scots Guards, died without ceasing the afternoon of 18 February during Operation Moshtarak. An inquest into his dying was told he [...]]]></description>
			<content:encoded><![CDATA[<p>A SCOTTISH warrior who died behind enemy lines as he led his men in pursuit of the Taleban was "heroic beyond belief", a coroner said yesterday.</p>
<p>Lance Sergeant David Walker, 36, of 1st Battalion Scots Guards, died without ceasing the afternoon of 18 February during Operation Moshtarak.</p>
<p>An inquest into his dying was told he was shot in the head as he and his team tried to push back the insurgents in the</p>
<p>Nad Ali circuit of Afghanistan.</p>
<p>The father of five, a keen Celtic supporter, had lived in Blackburn, Lancashire, through  his wife Teresa.</p>
<p>Guardsman Syed Raza told the coroner he was lasting next to the Glasgow-born soldier when he was shot.</p>
<p>The assign places to came under fire as they left their patrol base and dived into a trench for cover.</p>
<p>"Normally he is a very talkative person, with his indecent Scottish accent, always making sure we were all OK.</p>
<p>"I looked begone for a second, then looked back to see him in a kneeling site. His eyes were closed," he told the inquest at Blackburn Town Hall.</p>
<p>L-Sgt Walker was shouting on the side of his men to take cover and telling them to keep to the degree that low as possible just before he got shot, Guardsman Divan Dutoit told the court.</p>
<p>He said: "Bullets were still hitting the ditch near him. Suddenly his thought jerked back and he slumped forward."</p>
<p>L-Sgt Walker, who before served in Iraq, was killed instantly and there was nothing his colleagues could bring forth done to save him, the court heard.</p>
<p>Coroner Michael Singleton paid impost to the soldier, after returning the verdict that he was unlawfully killed.</p>
<p>"His great-heartedness was beyond belief," the coroner said.</p>
<p>"If he was anything like the liege I can picture today, he was extraordinary."</p>
<p>The coroner also learned out a tribute from the Commanding Officer of the battalion.</p>
<p>Lieutenant Colonel Lincoln Jopp said his overwhelming memory of the soldier was that he was "for the re~on that tough as old boots".</p>
<p>"He was one of those people you require for the toughest times. Unflinching, steady as a rock and proper as hard. He was just what the world would expect whereas they hear the phrase, 'a sergeant in the Scots Guards'," he added.</p>
<p>At his funeral service in March, his children, Darren, Sarah, Fiona, Trish and James, paid tax with the words: "When we needed you, you were always there. You have been our hero right from the very start. Rest in quiet, Dad, you will never be forgotten."</p>
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		<title>Thanks for the rock &#8211; have a beer on us</title>
		<link>http://myexpressnews.info/finance/thanks-for-the-rock-have-a-beer-on-us.html</link>
		<comments>http://myexpressnews.info/finance/thanks-for-the-rock-have-a-beer-on-us.html#comments</comments>
		<pubDate>Wed, 20 Oct 2010 07:54:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[beer]]></category>
		<category><![CDATA[Chile]]></category>
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		<description><![CDATA[THEY would not normally subsist considered a suitable gift for the head of a visiting uncultivated, but when Chile's president Sebastian Pinera arrived at 10 Downing Street yesterday, waiting for him were 33 bottles of beer. The London Pride ale was not intended because his personal consumption but as a gift for the 33 miners [...]]]></description>
			<content:encoded><![CDATA[<p>THEY would not normally subsist considered a suitable gift for the head of a visiting uncultivated, but when Chile's president Sebastian Pinera arrived at 10 Downing Street yesterday, waiting for him were 33 bottles of beer.</p>
<p>The London Pride ale was not intended because his personal consumption but as a gift for the 33 miners who were rescued in conclusion week from a collapsed San Jose gold and copper mine.</p>
<p>It was a overtaken by darkness but symbolic granting of a request the miners made durin</p>
<p>g their 69-time ordeal, that they be sent down some beer - and their rescuers would not force.</p>
<p>In addition to the beer, however, the head of state was given a greater amount of presidential gift of an early edition of Robinson Crusoe - which was based attached a real-life castaway on a Chilean island.</p>
<p>In return, Mr Pinera brought by him gifts and mementos relating to the miners' rescue. He had by him copies of the note sent by the miners that alerted rescuers that they were silence alive - it reads, "All 33 of us are well inside the house" - which he presented to Prime Minister David Cameron and, at a receipt last night in Buckingham Palace, the Queen.</p>
<p>Mr Pinera also presented both the Queen and Mr Cameron with chunks of rock from the ruin site.</p>
<p>• Bits of history</p>
<p>The media scrum that awaited Mr Pinera in Downing Street was in the midst of the largest since the general election in May.</p>
<p>But the president looked relaxed being of the cl~s who he posed for photos outside No 10 with Mr Cameron, declaration relations between the two nations were "stronger than ever".</p>
<p>Asked well-nigh the rescue, he said: "I told him that it was a marvel. Down the mine, but also up on the surface, the miners are not the similar - they have come back to life, they will enjoy a of the present day life.</p>
<p>"And the Chilean people are not the same. We be favored with learned the lessons that, when we work with unity, with word of honor, with hope, when we really put all our efforts and conversion to an act the best technology, the best equipment and the best people to undertake huge challenges like this rescue and search effort, we are able to work out goals."</p>
<p>Just weeks ago, such a reception for the leader of a faint South American country would have been unthinkable, but the president's outline and popularity has risen in tandem with his country's.</p>
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		<title>One throw of the dice, and Loch Ness could be yours</title>
		<link>http://myexpressnews.info/finance/one-throw-of-the-dice-and-loch-ness-could-be-yours.html</link>
		<comments>http://myexpressnews.info/finance/one-throw-of-the-dice-and-loch-ness-could-be-yours.html#comments</comments>
		<pubDate>Tue, 19 Oct 2010 07:48:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
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		<description><![CDATA[INVERNESS Caley Thistle, Loch Ness and Ben Nevis are amidst the top attractions in Scotland to make it on to the novel Highlands and Islands edition of the popular board game Monopoly launched today. Loch Ness came to the end top in an online poll, taking the board's most prestigious property slot - occupied in [...]]]></description>
			<content:encoded><![CDATA[<p>INVERNESS Caley Thistle, Loch Ness and Ben Nevis are amidst the top attractions in Scotland to make it on to the novel Highlands and Islands edition of the popular board game Monopoly launched today.</p>
<p>Loch Ness came to the end top in an online poll, taking the board's most prestigious property slot - occupied in the traditionary version of the game by London's exclusive Mayfair.</p>
<p>The harsh beauty of Skye, Mull and the Callanish Stones on Lewis put back</p>
<p>the somewhat more gritty locations of the Angel Islington, Euston Road and Pentonville Road.</p>
<p>After thousands of suggestions from the public, the final list was whittled down to just over 30 sites, including the shinty club Culloden and a shopping centre.</p>
<p>The manufacturers of the game, which tests players' financial acumen and property dealing skills, said the demand from those living in the north of Scotland for their possess game had been "overwhelming".</p>
<p>Graham Barnes, spokesman for Winning Moves UK, the group with the licence to produce Monopoly, said: "We had people from the Highlands and Islands advent to us asking for their own game. They had been put ~ our radar for some time.</p>
<p>"But it was a massive engagement for just over 30 spaces, when the area had hundreds and thousands of landmarks and streets.</p>
<p>"We solved the point to be solved by asking them to vote in general for their favourite places and therefore place the more high-profile ones on the board.</p>
<p>The reply was overwhelming - the best we've ever had for a prey situated in a particular location or town.</p>
<p>"Loch Ness was the utterly, unrivalled winner in the poll but the rest were closely contested."</p>
<p>Mr Barnes added that he expected the 24.99 dauntless would be a favourite at Christmas, especially with the overseas mart of expat Scots in countries such as Australia, New Zealand and Canada.</p>
<p>"We desire had inquiries already from Scots living abroad and we expect this scheme to be on many dining tables on Christmas Day."</p>
<p>David Bremner, manager of the Loch Ness Centre and Exhibition, said the game would lend aid bring visitors in to the Highlands.</p>
<p>"We are delighted that Loch Ness has been chosen to describe the Mayfair site on the new official Highlands and Islands translation of Monopoly," he said.</p>
<p>"Every year our beautiful area continues to practise ~ing hundreds of thousands of visitors from all over the world and entirely of us here feel very honoured to fill this most prestigious while.</p>
<p>"It's great promotion for the area - and great news beneficial to the length and breadth of the Highlands."</p>
<p>The Scotsman newspaper moreover features on the board.</p>
]]></content:encoded>
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		<title>Yield-Seeking Investors Turn to Phone Stocks</title>
		<link>http://myexpressnews.info/finance/yield-seeking-investors-turn-to-phone-stocks.html</link>
		<comments>http://myexpressnews.info/finance/yield-seeking-investors-turn-to-phone-stocks.html#comments</comments>
		<pubDate>Tue, 19 Oct 2010 07:48:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[blackrock blk]]></category>
		<category><![CDATA[Bruce McCain]]></category>
		<category><![CDATA[CLEVELAND]]></category>
		<category><![CDATA[Dan Hanson]]></category>
		<category><![CDATA[dividend]]></category>
		<category><![CDATA[dividend yield]]></category>
		<category><![CDATA[dividend yields]]></category>
		<category><![CDATA[global telecommunications companies]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Jacob De Tusch-]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[NEW YORK]]></category>
		<category><![CDATA[percent]]></category>
		<category><![CDATA[s gauge]]></category>
		<category><![CDATA[telephone]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[yield]]></category>

		<guid isPermaLink="false">http://myexpressnews.info/finance/yield-seeking-investors-turn-to-phone-stocks.html</guid>
		<description><![CDATA[Willing to give up the prospect of faster earnings growth for the current income offered by dividends, investors are driving the biggest rally for telephone public funds in seven years. Verizon Communications (VZ) and Hong Kong-based PCCW regard led a 21 percent gain in MSCI's gauge of 52 global telecommunications companies since the end of [...]]]></description>
			<content:encoded><![CDATA[<p>Willing to give up the prospect of faster earnings growth for the current income offered by dividends, investors are driving the biggest rally for telephone public funds in seven years. Verizon Communications (VZ) and Hong Kong-based PCCW regard led a 21 percent gain in MSCI's gauge of 52 global telecommunications companies since the end of the second quarter, even as analysts estimate that the group's earnings will grow at less than half the pace of the MSCI (MXB) World Index of shares in 24 developed nations, data compiled by Bloomberg show.</p>
<p>Dividend yields of phone companies from Royal KPN to AT&#038;T (T) pay greater degree of than their own bonds, leading some money managers to favor equities extremely fixed-income securities. "I know they don't have earnings growth, but I am not buying them for growth but for their self-same high, abnormal dividend," says Jacob De Tusch-Lec, a fund manager at Artemis Investment Management in London, which oversees $16 billion.</p>
<p>"The rate highly of dividends has been highlighted by the environment, and first and leading is just the low yields on competing assets," says Dan Hanson, a portfolio superintendent at New York-based BlackRock (BLK), which oversees $3.2 trillion. The medium yield on investment-grade U.S. corporate debt hit a record low of 3.57 percent recently, according to data compiled by Bank of America (BAC). Sixty-nine companies in the Standard &#038; Poor's 500-numskull index paid a dividend yield above the average interest rate attached corporate debt as of Oct. 8, the highest number in at minutest 15 years, data compiled by Bloomberg and Bank of America exhibition. Telephone companies, long known for generous yields, account for 5 of the 10 largest payouts in the S&#038;P 500 and yield 5.4 percent up~ the body average.</p>
<p>In the aftermath of the financial crisis, tech stocks get eclipsed financial stocks as dividend payers. Stocks in the information technology assign places to accounted for 9.2 percent of the $210 billion in dividends paid confused as of Oct. 11, compared with 8.9 percent for pecuniary stocks, according to data compiled by S&#038;P (MHP). In 2007, before the recession, financial stocks contributed 30 percent of dividends and info tech 5.7 percent. The medium yield for tech stocks that pay dividends is 1.85 percent, compared by 1.37 percent for financial stocks.</p>
<p>Investors are snapping up division stocks despite the uncertainty over taxes: Reductions in levies on principal gains and dividends enacted in 2003 will expire on Dec. 31 supposing that not Congress extends them. Even so, investors put more money into the S&#038;P 500's number to be divided exchange-traded fund, the SPDR S&#038;P Dividend, last month than to the end of time before, while the Dow Jones industrial average's dividend ETF, the iShares DJ Select Dividend Index, had its good in the highest degree month since January 2005, IndexUniverse.com data show.</p>
<p>Is the focus on dividends shortsighted? U.S. phone stocks trade at an average 16.5 times earnings as of Oct. 11, the highest estimation of any S&#038;P industry group. Telephone companies are the solitary group that analysts project will post a drop in third-proper position and full-year earnings. Profits fell 8.1 percent in the July-to-September limit and will decrease 4.2 percent for all of 2010, according to the medial sum estimates in Bloomberg surveys. Earnings for the entire S&#038;P 500 climbed 23 percent utmost quarter and will grow 35 percent this year. "For an extra 1 percentage point of dividend yield, they may be sacrificing 2 percentage points of advance potential," says Bruce McCain, who oversees $25 billion as chief investing. strategist at the private banking unit of KeyCorp in Cleveland. "It's right an emotional reaction that they feel more comfortable with the higher yield."</p>
<p>The bottom line: With interest rates low and stock prices stagnating, investors are drawn to haughty-yielding equities&mdash;and phone stocks are benefiting.</p>
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		<title>$5m prize for good governance goes unclaimed again in Africa$</title>
		<link>http://myexpressnews.info/finance/5m-prize-for-good-governance-goes-unclaimed-again-in-africa-14.html</link>
		<comments>http://myexpressnews.info/finance/5m-prize-for-good-governance-goes-unclaimed-again-in-africa-14.html#comments</comments>
		<pubDate>Mon, 18 Oct 2010 07:49:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Botswana]]></category>
		<category><![CDATA[Cameroon]]></category>
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		<category><![CDATA[Joaquim Chissano]]></category>
		<category><![CDATA[Joel Kibazo]]></category>
		<category><![CDATA[Kofi Annan]]></category>
		<category><![CDATA[ldquo]]></category>
		<category><![CDATA[leadership]]></category>
		<category><![CDATA[Mo Ibrahim]]></category>
		<category><![CDATA[Mozambique]]></category>
		<category><![CDATA[Mr Ibrahim]]></category>
		<category><![CDATA[Mr Mbeki]]></category>
		<category><![CDATA[Mr Obansanjo]]></category>
		<category><![CDATA[Nelson Mandela]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Paul Biya]]></category>
		<category><![CDATA[prize]]></category>
		<category><![CDATA[public interest activities]]></category>
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		<category><![CDATA[Robert Mugabe]]></category>
		<category><![CDATA[Sahara Africa]]></category>
		<category><![CDATA[Secretary-General]]></category>
		<category><![CDATA[South Africa]]></category>
		<category><![CDATA[Uganda]]></category>
		<category><![CDATA[un secretary general]]></category>
		<category><![CDATA[Yahya Jammeh]]></category>
		<category><![CDATA[year]]></category>
		<category><![CDATA[Zimbabwe]]></category>

		<guid isPermaLink="false">http://myexpressnews.info/finance/5m-prize-for-good-governance-goes-unclaimed-again-in-africa-14.html</guid>
		<description><![CDATA[Wanted: ~y African leader who has stood down following a free and clear election. Candidates should be honest and have a healthy respect ~ the sake of the democratic process. Young candidates are preferred. An attractive cash bale of $5 million (&#163;3.4 million) over ten years awaits the enchanting applicant, including $200,000 annually for life [...]]]></description>
			<content:encoded><![CDATA[<p>Wanted: ~y African leader who has stood down following a free and clear election. Candidates should be honest and have a healthy respect ~ the sake of the democratic process. Young candidates are preferred.</p>
<p>An attractive cash bale of $5 million (&pound;3.4 million) over ten years awaits the enchanting applicant, including $200,000 annually for life thereafter. There is in addition an incentive of a further $200,000 per year for a decade to go through public interest activities of the candidate&rsquo;s choice. This posture has remained vacant for some time and urgently needs filling.</p>
<p>Sadly, and in the face of the generous terms, this prize to reward outstanding democratic leadership in Africa went unclaimed yesterday in favor of the second consecutive year.</p>
<p>The $5 million incentive, the world&rsquo;s largest individual bestowal for statesmen, was initiated by Mo Ibrahim, a Sudanese communications entrepreneur who began the design three years ago in an attempt to encourage good leadership up~ a continent with a history of poor governance, corruption and absolute power.</p>
<p>Previous winners include Festus Mogae, the former President of Botswana, Joaquim Chissano of Mozambique and Nelson Mandela, who was made one honorary laureate in 2007.</p>
<p>This year, like last, the prize committee headed through  Kofi Annan, the former UN Secretary-General and a Ghanain, cast itself in the embarrassing situation of having no winner for 2009. Mr Ibrahim refused to be discouraged, arguing that the prize should remain an aspirational achievement and was not to have ~ing given away lightly.</p>
<p>&ldquo;Whether there is a winner or not the purpose is to challenge those in Africa and across the world to debate what constitutes superior quality in leadership,&rdquo; he said. &ldquo;The standards set for the prizewinner are ostentatious and the number of potential candidates each year is small. So it is to be expected that there will be years when no prize is awarded.&rdquo;</p>
<p>Although the footing does not publish a shortlist of eligible candidates, analysts say that 2009 was a raw year and that there were more changes of government in Africa ~ dint of. the gun or death in office than by a peaceful ~rence of power at the ballot box.</p>
<p>Because the prize is worthy of choice to any leader who has stood down after a full time in the past three years Thabo Mbeki of South Africa, and Olusegun Obasanjo, the constructer President of Nigeria might have been considered. However, they had before that time been rejected from the 2008 candidates because Mr Mbeki was en~ from office by his own party while Mr Obansanjo had wanted to stand according to a third term.</p>
<p>&ldquo;I would have been surprised if in that place had been a winner this year,&rdquo; said Joel Kibazo, some associate fellow of Chatham House and a consultant on Africa. &ldquo;It is influential for the prize committee to keep high standards of eligibility because it means that those who win, deserve it.&rdquo;</p>
<p>Several leaders of sub-Sahara Africa states require clung to power for decades and used constitutional means to postpone their hold on power.</p>
<p>Robert Mugabe, 86, has been in control in Zimbabwe since 1980, Uganda&rsquo;s Yoweri Museveni, 65, came to ability in 1986. Others who have sought third terms include Paul Biya of Cameroon, 77, who has served since 1982, and Yahya Jammeh of Gambia.</p>
<p>To encourage a new progeny of leaders, Mr Ibrahim said that his foundation was to scare a scheme to prepare young Africans with leadership potential for capacity.</p>
<p>&ldquo;The programme will seek to attract a number of highly qualified and talented professionals each year to serve in leading institutions whose centre objective is to improve the prospects of the people of Africa,&rdquo; he before-mentioned.</p>
]]></content:encoded>
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		<title>Obama pledges clean energy policy to cut America’s dependency on oil</title>
		<link>http://myexpressnews.info/finance/obama-pledges-clean-energy-policy-to-cut-america%e2%80%99s-dependency-on-oil-10.html</link>
		<comments>http://myexpressnews.info/finance/obama-pledges-clean-energy-policy-to-cut-america%e2%80%99s-dependency-on-oil-10.html#comments</comments>
		<pubDate>Mon, 18 Oct 2010 07:49:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Bahrain]]></category>
		<category><![CDATA[Bart Stupak]]></category>
		<category><![CDATA[Bob Riley]]></category>
		<category><![CDATA[CEO. Mr Hayward]]></category>
		<category><![CDATA[containment capacity]]></category>
		<category><![CDATA[Dauphin Island]]></category>
		<category><![CDATA[escrow account]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[GULF]]></category>
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		<category><![CDATA[Mr Obama]]></category>
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		<category><![CDATA[oil]]></category>
		<category><![CDATA[oil spill]]></category>
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		<category><![CDATA[rsquo]]></category>
		<category><![CDATA[september 11 terrorist attacks]]></category>
		<category><![CDATA[SHORES]]></category>
		<category><![CDATA[the Gulf]]></category>
		<category><![CDATA[Tony Hayward]]></category>
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		<category><![CDATA[US]]></category>
		<category><![CDATA[yesterday]]></category>

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		<description><![CDATA[President Obama likened the pack close of the oil spill disaster on the nation&#8217;s psyche to the September 11 terrorist attacks as he made his in the beginning multi-state tour yesterday of the Gulf of Mexico. Facing questions near his leadership amid rising public anger 56 days after the Deepwater Horizon drilling sportive trick exploded, [...]]]></description>
			<content:encoded><![CDATA[<p>President Obama likened the pack close of the oil spill disaster on the nation&rsquo;s psyche to the September 11 terrorist attacks as he made his in the beginning multi-state tour yesterday of the Gulf of Mexico.</p>
<p>Facing questions near his leadership amid rising public anger 56 days after the Deepwater Horizon drilling sportive trick exploded, he sought to reassert his authority by visiting Mississippi, Alabama and Florida, the states left revealed of three previous trips to the region.</p>
<p>Keen to dispel accusations that he has allowed BP to abate in its efforts to stem the leak, Mr Obama noted that the troop is now expecting to increase its containment capacity to 50,000 barrels a generation two weeks sooner than planned. &ldquo;We went back to them and declared they needed to move faster and more aggressively and they take now come back with a plan,&rdquo; he said.</p>
<p>The White House before-mentioned it expected BP to place up to $20 billion in an escrow account to pay for the spill.</p>
<p>&ldquo;One of the biggest hegemony challenges for me going forward is going to be to constitute sure that we draw the right lessons from this disaster,&rdquo; Mr Obama uttered in an interview with The Politico news website before he clique off.</p>
<p>Vowing to move forward &ldquo;in a bold way&rdquo; with a clean energy policy that would help America to reduce its oil colony, he added: &ldquo;In the same way that our view of our vulnerabilities and our alien policy was shaped profoundly by 9/11, I think this reverse is going to shape how we think about the environment and pluck for many years to come.&rdquo;</p>
<p>Mr Obama will address the stock from the Oval Office tonight, when he will announce new measures to save to restore the Gulf&rsquo;s ecosystem. Tomorrow he meets BP executives beneficial to what the White House was keen to portray as showdown talks.</p>
<p>Before the interview, BP came under attack from two influential congressmen for allegedly sarcastic corners at the rig. &ldquo;It appears that BP repeatedly chose risky procedures in require to reduce costs and save time and made minimal efforts to comprehend the added risk,&rdquo; Henry Wexman and Bart Stupak, the highest rank Democrats on the House of Representatives Energy and Commerce Committee, wrote in a letter addressed to Tony Hayward, BP&rsquo;s CEO. Mr Hayward is owing to appear before a congressional panel on Thursday.</p>
<p>Under pressure from US politicians, the guests has already agreed to step up its oil-collecting capacity at the station of the well and said yesterday that it had lowered sensors into the leaking riser weasand to try to get more precise readings of the scale of the pour out.</p>
<p>&ldquo;We are gathering up facts and stories right now to such a degree we have an absolutely clear understanding about how we can most good present to BP that individuals and businesses are dealt with in a handsome manner and a proper manner,&rdquo; Mr Obama said yesterday like he met state governors at a command centre in Alabama.</p>
<p>There has been check along the coast over the federal response, which local officials pronounce is entangled in bureaucracy. Desperate to protect Alabama&rsquo;s buttress, Bob Riley, the governor, obtained booms to contain the oil from Bahrain himself. But then they arrived, the Coast Guard took them elsewhere, leaving a momentous coastal pass on the Alabama-Florida border ill-protected and allowing oil to seep into not foreign waterways last week. Mr Riley has also complained that all decisions be under the necessity to go through a committee approval process that has delayed buttress defence schemes by as much as 45 days.</p>
<p>The worst foulness yet on Gulf beaches has hit the Alabama resorts of Orange Beach and Gulf Shores besides the past few days. Clean-up crews dominated the beach for as far as the eye could see yesterday as bulldozers and involuntary diggers shovelled sticky sand into plastic containers. The area covering Dauphin Island, Gulf Shores and Orange Beach makes $2.3 billion a year from tourism, the bulk of it during a period of just 50 summer days. &ldquo;Now we&rsquo;re rightful dying as a community,&rdquo; said Tony Kennon, Orange Beach&rsquo;s mayor.</p>
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		<title>Hundreds sign petition seeking inquiry into Lockerbie bomber conviction</title>
		<link>http://myexpressnews.info/finance/hundreds-sign-petition-seeking-inquiry-into-lockerbie-bomber-conviction.html</link>
		<comments>http://myexpressnews.info/finance/hundreds-sign-petition-seeking-inquiry-into-lockerbie-bomber-conviction.html#comments</comments>
		<pubDate>Sun, 17 Oct 2010 07:40:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Benedict Birnberg]]></category>
		<category><![CDATA[Camp Zeist]]></category>
		<category><![CDATA[Destiny]]></category>
		<category><![CDATA[Dr Jim Swire]]></category>
		<category><![CDATA[Flora]]></category>
		<category><![CDATA[Hector MacQueen]]></category>
		<category><![CDATA[Ian Brady]]></category>
		<category><![CDATA[Ian Hamilton QC]]></category>
		<category><![CDATA[James Robertson]]></category>
		<category><![CDATA[jim swire]]></category>
		<category><![CDATA[Len Murray]]></category>
		<category><![CDATA[Lockerbie]]></category>
		<category><![CDATA[lockerbie issue]]></category>
		<category><![CDATA[Malta]]></category>
		<category><![CDATA[Megrahi]]></category>
		<category><![CDATA[outwith scotland]]></category>
		<category><![CDATA[pan am flight 103]]></category>
		<category><![CDATA[petition]]></category>
		<category><![CDATA[Richard Branson]]></category>
		<category><![CDATA[Robertson]]></category>
		<category><![CDATA[Scotland]]></category>
		<category><![CDATA[the Netherlands]]></category>
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		<category><![CDATA[year]]></category>

		<guid isPermaLink="false">http://myexpressnews.info/finance/hundreds-sign-petition-seeking-inquiry-into-lockerbie-bomber-conviction.html</guid>
		<description><![CDATA[A PETITION urging ministers to clutch an independent inquiry into the conviction of the Lockerbie bomber has been signed ~ dint of. almost 1,000 people in its first week. Campaigners launched the address, calling on MSPs to put pressure on the Scottish Government to re-test the evidence presented at the 2001 trial of Abdelbaset Ali [...]]]></description>
			<content:encoded><![CDATA[<p>A PETITION urging ministers to clutch an independent inquiry into the conviction of the Lockerbie bomber has been signed ~ dint of. almost 1,000 people in its first week.</p>
<p>Campaigners launched the address, calling on MSPs to put pressure on the Scottish Government to re-test the evidence presented at the 2001 trial of Abdelbaset Ali al Megrahi at Camp Zeist in the Netherlands. Since at that time, hundreds of signatories ha</p>
<p>ve come forward including award-winning novelists AL Kennedy, James Robertson, and Aonghas MacNeacail and senior figures within the legal community, such as Len Murray, the sequestered High Court judge, Ian Hamilton QC, most famous for stealing the Stone of Destiny from Westminster Abbey, and Hector MacQueen, the Scots regulation professor and a vice-president of the Royal Society of Edinburgh.</p>
<p>Notable signatories from outwith Scotland hold Benedict Birnberg, the retired human rights solicitor who acted for Virgin emperor of japan Richard Branson and Ian Brady, the Moors murderer, among others, during his 40-year career.</p>
<p>The petition has also been signed ~ dint of. about 100 people from Malta, where the bomb which caused the detonation of Pan Am Flight 103, claiming 270 lives, was said to be seized of been smuggled on board.</p>
<p>Some long-term Lockerbie campaigners, including Dr Jim Swire, whose daughter Flora was killed in the middle-air explosion, believe that Megrahi, the only man convicted of playing a interest in the atrocity and who was released from prison on pitying grounds last year, is innocent. Robertson, a former Booker longlist nominee, whose latest novel, And The Land Stood Still, was published this month, said he had felt violently about the Lockerbie issue for several years, but had only be appropriate to "actively engaged" over the last year.</p>
<p>"When Megrahi was released the civil shenanigans detracted attention from the important issue: the safety of the decision at the Camp Zeist trial," he said.</p>
<p>"If you look at the inventive trial it seems the evidence on which Megrahi was convicted was very slight, in my view. Since then we've learned a distribute more, but it hasn't been dealt with by the courts."</p>
<p>Robertson before-mentioned he has taken a stand because he fears that when Megrahi dies, the verity will never be told. "It is crucial for the relatives on this account that they feel, 22 years after the event, that they still put on't know what happened and who was responsible," he said.</p>
<p>"There is furthermore a stain on the Scottish justice system, as this does not await or feel right.</p>
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		<title>$5m prize for good governance goes unclaimed again in Africa$</title>
		<link>http://myexpressnews.info/finance/5m-prize-for-good-governance-goes-unclaimed-again-in-africa-13.html</link>
		<comments>http://myexpressnews.info/finance/5m-prize-for-good-governance-goes-unclaimed-again-in-africa-13.html#comments</comments>
		<pubDate>Sun, 17 Oct 2010 07:40:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Botswana]]></category>
		<category><![CDATA[Cameroon]]></category>
		<category><![CDATA[excellence in leadership]]></category>
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		<category><![CDATA[Joaquim Chissano]]></category>
		<category><![CDATA[Joel Kibazo]]></category>
		<category><![CDATA[Kofi Annan]]></category>
		<category><![CDATA[ldquo]]></category>
		<category><![CDATA[leadership]]></category>
		<category><![CDATA[Mo Ibrahim]]></category>
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		<category><![CDATA[Mr Obansanjo]]></category>
		<category><![CDATA[Nelson Mandela]]></category>
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		<category><![CDATA[Paul Biya]]></category>
		<category><![CDATA[prize]]></category>
		<category><![CDATA[proper election]]></category>
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		<category><![CDATA[rdquo]]></category>
		<category><![CDATA[Robert Mugabe]]></category>
		<category><![CDATA[Sahara Africa]]></category>
		<category><![CDATA[Secretary-General]]></category>
		<category><![CDATA[South Africa]]></category>
		<category><![CDATA[Uganda]]></category>
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		<category><![CDATA[Zimbabwe]]></category>

		<guid isPermaLink="false">http://myexpressnews.info/finance/5m-prize-for-good-governance-goes-unclaimed-again-in-africa-13.html</guid>
		<description><![CDATA[Wanted: an African leader who has stood down following a free and proper election. Candidates should be honest and have a healthy respect concerning the democratic process. Young candidates are preferred. An attractive cash bale of $5 million (&#163;3.4 million) over ten years awaits the delightful applicant, including $200,000 annually for life thereafter. There is [...]]]></description>
			<content:encoded><![CDATA[<p>Wanted: an African leader who has stood down following a free and proper election. Candidates should be honest and have a healthy respect concerning the democratic process. Young candidates are preferred.</p>
<p>An attractive cash bale of $5 million (&pound;3.4 million) over ten years awaits the delightful applicant, including $200,000 annually for life thereafter. There is in like manner an incentive of a further $200,000 per year for a decade to carry on public interest activities of the candidate&rsquo;s choice. This principle has remained vacant for some time and urgently needs filling.</p>
<p>Sadly, and spite the generous terms, this prize to reward outstanding democratic leadership in Africa went unclaimed yesterday instead of the second consecutive year.</p>
<p>The $5 million incentive, the world&rsquo;s largest individual assignment for statesmen, was initiated by Mo Ibrahim, a Sudanese communications entrepreneur who began the plan three years ago in an attempt to encourage good leadership attached a continent with a history of poor governance, corruption and absolutism.</p>
<p>Previous winners include Festus Mogae, the former President of Botswana, Joaquim Chissano of Mozambique and Nelson Mandela, who was made each honorary laureate in 2007.</p>
<p>This year, like last, the prize committee headed ~ dint of. Kofi Annan, the former UN Secretary-General and a Ghanain, place itself in the embarrassing situation of having no winner for 2009. Mr Ibrahim refused to subsist discouraged, arguing that the prize should remain an aspirational achievement and was not to subsist given away lightly.</p>
<p>&ldquo;Whether there is a winner or not the purpose is to defy those in Africa and across the world to debate what constitutes excellence in leadership,&rdquo; he said. &ldquo;The standards set for the prizewinner are turbulent and the number of potential candidates each year is small. So it is that may be liked that there will be years when no prize is awarded.&rdquo;</p>
<p>Although the footing does not publish a shortlist of eligible candidates, analysts say that 2009 was a exposed year and that there were more changes of government in Africa ~ dint of. the gun or death in office than by a peaceful remove of power at the ballot box.</p>
<p>Because the prize is to be preferred to any leader who has stood down after a full phrase in the past three years Thabo Mbeki of South Africa, and Olusegun Obasanjo, the quondam President of Nigeria might have been considered. However, they had before that time been rejected from the 2008 candidates because Mr Mbeki was constrained from office by his own party while Mr Obansanjo had wanted to stand since a third term.</p>
<p>&ldquo;I would have been surprised if in that place had been a winner this year,&rdquo; said Joel Kibazo, every associate fellow of Chatham House and a consultant on Africa. &ldquo;It is grave for the prize committee to keep high standards of eligibility for the reason that it means that those who win, deserve it.&rdquo;</p>
<p>Several leaders of sub-Sahara Africa states require clung to power for decades and used constitutional means to extend their hold on power.</p>
<p>Robert Mugabe, 86, has been in talent in Zimbabwe since 1980, Uganda&rsquo;s Yoweri Museveni, 65, came to ability in 1986. Others who have sought third terms include Paul Biya of Cameroon, 77, who has served ago 1982, and Yahya Jammeh of Gambia.</p>
<p>To encourage a new race of leaders, Mr Ibrahim said that his foundation was to ~le a scheme to prepare young Africans with leadership potential for position.</p>
<p>&ldquo;The programme will seek to attract a number of highly qualified and talented professionals each year to serve in leading institutions whose centre objective is to improve the prospects of the people of Africa,&rdquo; he said.</p>
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